공시 • May 21
Central Asia Metals plc (AIM:CAML) entered into a definitive Scheme Implementation Deed to acquire New World Resources Limited (ASX:NWC) for approximately AUD 180 million. Central Asia Metals plc (AIM:CAML) entered into a definitive Scheme Implementation Deed to acquire New World Resources Limited (ASX:NWC) for approximately AUD 180 million on May 21, 2025. Central Asia Metals plc will acquire 3.5 billion shares at a price of AUD 0.05 per share and AUD 1.3 million were paid towards the options. The transaction is immediately accretive to Central Asia Metals plc's NAV per share based on analysts' consensus NAV per share estimates for Central Asia Metals plc and the Antler Project PFS. The Transaction is to be funded from existing cash reserves and approximately AUD 190 million ($120 million) new credit facility from a syndicate of leading international lending banks. If the transaction is terminated by New World Resources Limited, then the company must pay the termination fee of AUD 1.9 million to Central Asia Metals plc and simultaneously, if Central Asia Metals plc terminates the transaction, then the company must pay the termination fee of AUD 1.9 million to New World Resources Limited.
The transaction is subject to receipt of specified US and North Macedonian regulatory approvals, An independent expert concluding and continuing to conclude that the Transaction, the approval of New World Resources Limited shareholders and requisite Australian Court approval. The deal has been unanimously approved by the board of directors of Central Asia Metals plc and New World Resources Limited. The board of directors of New World Resources Limited consider that the Scheme is in the best interests of its shareholders and unanimously recommend that shareholders vote in favor of the Scheme. Scheme meeting is expected to be held in August 2025, and the Transaction is expected to be implemented in early September 2025.
Thomas Rider, Pascal Lussier Duquette and Jonathan Reard of BMO Capital Markets Limited acted as exclusive financial advisor to Central Asia Metals plc. Mayer Brown LLP and Mayer Brown International LLP acted as legal advisor for US and UK counsel to Central Asia Metals plc. Clayton Utz acted as legal advisor for Australian counsel to Central Asia Metals plc. Ross Allister, David McKeown and Emily Bhasin of Peel Hunt LLP acted as financial advisor to Central Asia Metals plc. Sternship Advisers Pty Ltd. acted as financial advisor to New World Resources Limited. National Bank Financial, Inc. acted as financial advisor to New World Resources Limited. Hamilton Locke Pty Ltd acted as legal advisor to New World Resources Limited. Dorsey & Whitney LLP acted as legal advisor to New World Resources Limited. Automic Pty Ltd. acted as registrar to New World Resources Limited. 공시 • Mar 07
New World Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 14.64 million. New World Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 14.64 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 700,000,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.001
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,000,000
Price\Range: AUD 0.02
Transaction Features: Subsequent Direct Listing 공시 • Feb 24
New World Resources Limited Appoints Gil Clausen to Board of Directors as A Non-Executive Director New World Resources Limited announced the appointment of highly experienced US-based mining executive Mr. Gil Clausen to its Board of Directors as a Non-Executive Director. Mr. Clausen has a proven track record of successful leadership in the mining industry, with over 30 years of executive, financial, operations, business development, engineering and project management experience. He has led major mining operations, raised over a billion dollars in debt and equity, and managed large engineering and construction projects. He was most recently President and CEO and Director of Copper Mountain Mining Corporation, which was acquired by Hudbay Minerals Inc. in June 2023. Prior to that, Mr. Clausen was a founding member, President and CEO and Director of Brio Gold Inc., which was acquired by Leagold Mining Corp. in May 2018, as well as a founding shareholder, President and CEO and Director of Augusta Resource Corporation (then owner of the Rosemont copper project in Arizona), which was acquired by Hudbay Minerals Inc. in September 2014. Mr. Clausen was also a member of the Board of Directors at Arizona Mining Corporation, owner of the Hermosa high grade base metals project in Arizona. Mr. Clausen was also Executive Vice President, Mining at Washington Group, International Inc., Vice President Operations at Stillwater Mining, and held various operating roles at Placer Dome. He is currently Executive Chair of Plata Latina Minerals Corporation. Mr. Clausen is based in Denver and has Bachelors and Masters Degrees in Mining Engineering from Queen's University. 공시 • Oct 02
New World Resources Limited, Annual General Meeting, Nov 27, 2024 New World Resources Limited, Annual General Meeting, Nov 27, 2024. Reported Earnings • Oct 01
Full year 2024 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in FY 2023) Full year 2024 results: AU$0.001 loss per share (in line with FY 2023). Net loss: AU$2.93m (loss widened 17% from FY 2023). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.